What is the Difference Between a Non-Profit and a For-Profit Business?
In the orphan care world, most ministries and organizations are considered non-profit, but what does that really mean? It’s important to know the difference between a for-profit business and a non-profit business…and see where on the graph yours lands. In this blog post by Dr. Kenneth Acha, learn what the key differences are and how leadership principles can apply to both spectrums.
If you are a leader in the nonprofit world, you may have wondered, “What is the difference between non-profit and for profit businesses?” This question maybe important to you because, like many others, you want to know which leadership principles are transferable from one area to another. Well, the good news is that there are very few differences between profit and nonprofit businesses. Watch this video to learn the key difference between the two.